Flower Prices Show Signs of Stability in Early 2025
If you were watching the tea leaves for New Mexico’s flower market in 2025, you might have expected chaos. Instead, what unfolded between January and April was something that, at least by this industry's standards, looks suspiciously like stability.
1g: A Slow, Predictable Climb
In the 1g category, statewide averages moved from $8.78 in January to $8.62 in February—a slight winter slump—before climbing sharply to $10.54 in March and finishing April at $10.94.
The big takeaway? After a sleepy winter, prices woke up just in time for spring. Whether it was tightening supply, tourist traffic, or good old-fashioned price testing, retailers found a way to squeeze a couple more bucks per gram without scaring off customers.
Excluding the New Mexico outliers, New York’s $12.37 average gave us the real top-end benchmark. Meanwhile, Farmington held down the low end at $6.92, slinging grams like they were running a permanent fire sale.
Bottom line: despite a little turbulence, grams found their footing—and they’re trending up, not down.
28g: A Wild Ride, But a Soft Landing
Ounces were a little more dramatic.
Prices nose-dived in February ($70.40) after starting the year at $90.58—probably a clearinghouse moment for overstocked shelves. But the rebound was just as sharp: March climbed to $95.87, before April cooled slightly to $85.13.
This wasn’t random. Retailers likely moved bulk flower at clearance prices early in the year to avoid sitting on aging inventory, then tightened things up once tourist season and tax refunds hit. NY again stood tall with a $175.74 average—way above everyone else—while Los Lunas raised eyebrows selling ounces for just $17.06 (basically the price of a movie ticket and popcorn).
Bulk flower is behaving like a normal commodity market, not a ship lost at sea.
3.5g: The Adult in the Room
The 3.5g (eighth) category showed the steadiest hand of all. January ($29.67) and February ($29.83) stayed boringly consistent, before a predictable spike to $37.36 in March. April settled back to $31.99, still a solid 7–8% above winter levels.
While 1g and 28g units rode emotional rollercoasters, eighths moved like a reliable used Toyota—nothing flashy, but dependable. Los Alamos posted the highest averages ($50.00)—no shock from a town where rocket scientists and federal contractors treat premium flower like an after-work essential. Rio Rancho, by contrast, clocked in the lowest at $19.81, likely driven by heavy discounting or simple market competition.
Final Word
Take away the noise—ignore the freakish highs of White Rock and the basement pricing of Los Lunas—and what you have is a market that isn’t crashing, it’s maturing. Grams are up, ounces found their balance, eighths are steady. New Mexico, unlike some coastal bloodbaths, isn’t bleeding out yet.
Prices might be rising modestly, but for once, they’re doing it for reasons that actually make sense: supply, demand, seasonality. In a business full of smoke and mirrors, that’s about as good as it gets.
Sources: Hyperion price analysis, January–April 2025 Statewide Flower Data.
